The article looks at what affects how wages change in big Hungarian companies from 1996 to 1999. The researchers found that workers in different types of companies have different power when negotiating wages. Workers in state-owned companies have more power than those in private companies, especially ones owned by foreigners. When workers have more power, their wages can go up more, and they are less likely to leave for another job. This shows that who owns the company can impact how much workers get paid and how likely they are to stay.